Can you get a personal loan with fair credit? Yes — here’s how
A fair credit score between 580 and 669 is enough to qualify for a personal loan.
6 min read
May 27, 2024
Katie Lowery
Editor: Loans, SMB, Home Lending
-
12years of personal finance experience
CREDENTIALS
- NACCC Certified Financial Health Counselor
EXPERTISE
- Mortgages
- Home equity loans and HELOCs
- Personal loans
- Auto loans
- Student loans
- Small business loans
- Debt management
- Building credit
- Budgeting
EDUCATION
- Bachelor of Science in Education, University of Texas at Austin
About the author
Katie Lowery is a Loans and Home Lending teams, where she shapes content to help people navigate borrowing money, personal finance and overall financial health. She’s passionate about financial literacy and strives to help consumers make informed decisions with their money.
Before joining Bankrate, Katie edited personal finance content at LendingTree and CNN Underscored Money. She has spent more than a decade editing financial and economic content and was the sole editor of several award-winning books. When she’s not exploring the latest lending trends, Katie enjoys knitting, tending to her growing plant collection and traveling with her family. She currently lives outside Austin, Texas.
Katie wants you to know
Borrowing money and managing debt can feel overwhelming, but if you have an understanding of the process and a clear goal in mind, your money can work for you. A great first step is to check your credit score and reports, then focus on improving your credit profile so you’re well positioned to borrow at an affordable rate.